31 BTC Leaves Wasabi as Wallet Buys $1.16M Polymarket Spain Bet

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A single wallet withdrew 31 BTC from Wasabi and then opened a $1.16 million Polymarket position on Spain to win the World Cup, according to unconfirmed on-chain observations that have drawn fresh trader attention to the sequence of moves.

31 BTC Leaves Wasabi as Wallet Buys $1.16M Polymarket Spain Bet

The reported chain of events runs from a coin-mixing withdrawal straight into a large directional prediction-market bet. A wallet pulled 31 BTC out of Wasabi, and the same wallet then staked $1.16 million on Polymarket backing Spain as the tournament winner, a single on-chain analyst reported. The claim remains only partially verified, and no independent confirmation of ownership or intent has been established. For related coverage, see Wasabi Protocol Says No Final Compensation Plan in Security Response.

Why the Wasabi Withdrawal Is the Detail Traders Flagged

Wasabi is named as the origin point of the withdrawal, which is the reason observers picked up the flow in the first place. Funds leaving a wallet before a large, visible bet is the kind of pre-trade movement that on-chain watchers routinely track for signals. For related coverage, see Elizabeth Warren Seeks New Trump Crypto Income Disclosures After $1.4B 2025 Filing.

The withdrawal alone does not prove motive, ownership, or any link between the two actions beyond timing. Wasabi has itself been in the news over user-facing questions, having said there is no final compensation plan in its security response, which keeps the protocol on traders’ radar independent of this move. For related coverage, see Kraken Launches BTC and ETH Options Trading: What It Means for Crypto Markets.

Why a $1.16 Million Spain Bet Stands Out on Polymarket

The position size is what makes this newsworthy rather than the outcome chosen. A seven-figure wager on a single World Cup result is large enough to shift visibility and sentiment within a market, drawing both trader and media attention.

World Cup winner markets already carry heavy engagement on Polymarket, where volume has run into the billions with France leading the odds. A large stake on Spain is an attention signal within that market, not evidence that Spain is favored to win. A wager reflects one participant’s conviction, not a guaranteed result.

What Traders May Watch Next

The sequence links a Bitcoin movement directly to a prediction-market position, which is why some traders will monitor the wallet for follow-on activity. Large single-wallet actions of this kind, similar to when a suspected foundation wallet moved 84 million BANK to Aster, tend to prompt closer tracking of subsequent transfers.

Any shift in Polymarket interest or sentiment around the Spain market would be the second thing to watch. One wallet move does not define the broader market, and the reported figures remain sourced to a single unverified account.

FAQ: Wasabi Withdrawal and the Polymarket Spain Bet

What is Wasabi in this context? Wasabi is the named source of the 31 BTC withdrawal in the reported sequence and functions as a Bitcoin privacy tool, which is why the outflow was notable to on-chain observers.

What is Polymarket? Polymarket is a prediction market where users take positions on real-world outcomes, including sports results such as the World Cup winner.

Why is a 31 BTC withdrawal notable? The size of the move, combined with its timing directly ahead of a large bet, is what drew attention, though the withdrawal by itself proves nothing about intent.

Does the trade confirm Spain will win the World Cup? No. The position reflects one participant’s stake, not a forecast guarantee or an established market consensus.

Additional source references: source document 1, source document 2.

Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.